Workers at multiple airlines across the United States are protesting against COVID-19 vaccination mandates after several carriers announced employees must get vaccinated or risk losing their jobs. Hundreds of American Airlines (AA) workers—including pilots and flight attendants in uniforms—took to the streets outside the company’s Fort Worth, Texas headquarters on Thursday to protest against the new measures,…
Hundreds of American and Southwest Airlines Employees Protest Against Vaccine Mandates
October 8, 2021
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Air New Zealand Reels From Auckland Curbs, Australia Bubble Loss
Air New Zealand Ltd. is operating less than one-third of its usual domestic capacity due to tough COVID-19 restrictions in Auckland and doubts whether a travel bubble with Australia will reopen, the airline’s chief executive said on Thursday. “We’re running almost 100 percent outside of Auckland,” Air New Zealand CEO Greg Foran told Reuters in…
Lufthansa Gets Strong Investor Backing for 2.1 Billion Euro Cash Call
LONDON/FRANKFURT—German airline Lufthansa received strong investor backing for a 2.14 billion euro ($2.47 billion) rights issue, providing some encouragement for travel companies looking to weather the after-effects of the COVID-19 crisis. The company said on Wednesday that its rights issue was 98.36 percent subscribed by investors and that it would place the remaining shares in…
Airlines Warn Erratic Global COVID-19 Rules Could Delay Recovery
October 6, 2021
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BOSTON—Global airlines on Tuesday wrapped up their first meeting since COVID-19 lockdowns brought their industry to its knees, voicing optimism about pent-up demand but desperate for governments to harmonize disjointed border rules to avoid slipping back into recession. The International Air Transport Association (IATA), which groups 290 airlines, said confusion over travel restrictions were holding…
Beijing Abandoned Its Commitment by Blocking Boeing Airplane Purchases: US Commerce Chief
U.S. Commerce Secretary Gina Raimondo said on Sept. 28 that China was holding back domestic airlines from purchasing “tens of billions of dollars” of U.S.-manufactured Boeing Co. airplanes. “There’s tens of billions of dollars of planes that Chinese airlines want to buy but the Chinese government is standing in the way,” she said in a…
Pandemic Slowdown Spurs the Biggest Hiring Push for Airline Pilots in Decades
By Kyle Arnold From The Dallas Morning News U.S. airlines will need to hire at least 7,000 new pilots next year to fill the gaps created by retiring baby boomers and pandemic buyouts. The airline industry is in its biggest hiring push in decades, not only for front-line employees such as gate and ramp agents…
Tougher EU Airport Slot Rules Trigger Asia Retaliation Threat, Risk Industry Trade War
Regulators in Asian hubs like Hong Kong have threatened to retaliate against European Union plans to force airlines to start using takeoff and landing slots frozen during the coronavirus pandemic, a move that could oblige Europe’s carriers to fly empty seats for thousands of miles at a loss. Authorities controlling slots at major Asian airports…
Aegean Airlines Shrinks Loss in Second Quarter, Sales Jump
ATHENS—Greece’s largest carrier Aegean Airlines on Friday reported a lower loss in the second quarter compared to the same period a year earlier as passenger traffic recovered from the pandemic travel restrictions. Aegean said its net loss came to 33.9 million euros ($39.91 million) in April-to-June compared to a loss of 73.4 million euros in…
Japan Airlines Finalises $2.7 Billion Raising to Position for Post-COVID-19 Era
TOKYO—Japan Airlines Co Ltd (JAL) said on Friday it had finalised plans to issue 300 billion yen ($2.73 billion) of hybrid loans and subordinated bonds to give it a safety net and position it for a post-coronavirus business environment. It will raise 200 billion yen from hybrid loans and 100 billion from subordinated bonds, the…
Airlines Say Rise in COVID-19 Cases Is Hurting Ticket Sales
DALLAS—Several leading U.S. airlines warned Thursday that the rise in COVID-19 cases due to the delta variant is hurting their bookings and further delaying the travel industry’s recovery. The summer got off to a strong start, with many planes full of vacationers eager to break out after being stuck at home for more than a…
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